i hate this tax selling!!, page-30

To add another consideration to this CGT debate:
What if the rate or calculation of CGT changes in the future?

For example my parents had a holding of CBA brought when floated. This holding now faces a potentially large CGT liability. However thanks to the introduction of the discount method the liability has been greatly reduced. If the strategy of rolling over the shares had been adopted the higher tax would have been paid.

Its an uncertain world - would Labor remove the CGT discount? If yes then paying CGT now could remove uncertainty.

But what if in the future the Liberals introduce further CGT reductions?

I think on balance I prefer to leave my meager CGT liabilities alone and not roll them over.